Veteran journalist Carl Hoffman believes he’s solved one of the great mysteries of the 20th century. In 1961 at the age of 23, Michael Rockefeller – son of New York Governor Nelson Rockefeller and a member of one of the richest and most powerful families in America ¬– travelled to remote New Guinea in search of primitive art for his father’s new museum.
American Electric Power Begins Offering “Time-of Day” Rates.
Listen to the Story
American Electric Power is now offering “time-of-day” rates to its customers with so-called smart meters that measure real time electric usage. WOSU’s Tom Borgerding.
Utility Spokeswoman Terri Flora says the rates are available to as many as 30-thousand customers.
“They’ll pay a cheaper rate for electricity during lower cost times, meaning times that generation doesn’t cost as much. And then a higher rate during those peak times when generation costs more.
Flora says by avoiding laundry, cooking and even limiting air conditioner use during afternoon and early evening hours in the summer months, customers will be able to save on their electric bill.
“A customer may spend $120 during the summer, on their bill. So they could save maybe twelve to fifteen dollars per month.”
Flora says the time of day rates are voluntary. She says if enough customers sign-up the utility will benefit by limiting peak usage between May and September.
Tom Borgerding WOSU News